Sitikantha Pattanaik G V Nadhanael Silu Muduli

Taming inflation by anchoring inflation expectations Economic and Political Weekly Vol.58; No.22 - 3 June 2023 pp. 33-41

By firmly anchoring inflation expectations, monetary policy can prevent a wage-price spiral and moderate the second-round effects of supply shocks, thereby avoiding an inferior macroeconomic outcome of lower growth and higher inflation.


Economics


Banking
Finance
Money
Inflation expectations
Inflation Expectation Anchoring Index
Monetary policy